Marcus & Millichap: Arranges $2.45m sale of Panera property in Milwaukee

MILWAUKEE, March 30,2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a net-leased Panera property located in Milwaukee, Wisconsin, for $2.45 million. 

“This sale reflects the continued investor demand for high-quality net lease assets,” said Jeff Rowlett, senior managing director investments. “We’re proud to have facilitated a smooth transaction and successful outcome for both parties.”

Rowlett, investment specialist in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, JMS Commercial Investment Properties, LLC, and Joe Siegel Properties, LLC, and procured the buyer, Ideal Properties of Central Wisconsin, LLC.

The 4,300-square-foot Panera is situated on 0.72 acres at 3511 S. 27th St. Built in 2020, the property features a drive-thru and is an outlot to a retail center with tenants including Ross, Michael’s, Marshalls and Planet Fitness.